All About Subiaco, WA, 6008

As of the latest trends, Subiaco, a suburb located in Perth, Western Australia, continues to attract a diverse range of residents due to its blend of historical charm and modern amenities. The housing market in Subiaco reflects this unique blend, offering an array of options from classic heritage homes to contemporary apartments. This variety caters to a broad demographic, including young professionals, families, and retirees. Over the years, Subiaco has experienced steady demand, which, coupled with its desirable location close to the Perth CBD and beautiful natural surroundings, has resulted in relatively stable property values. The suburb's vibrant atmosphere, characterized by a bustling market scene, trendy cafes, and a thriving arts community, contributes to its appeal, often making properties in the area highly sought-after.

Living in Subiaco provides residents with a perfect mix of urban convenience and a relaxed suburban lifestyle. The suburb is well-served by public transportation, making commuting to the city hassle-free, while also offering an abundance of local amenities. Residents enjoy access to beautiful parks such as Kings Park and Lake Monger, ideal for outdoor activities and leisurely strolls. The area is renowned for its strong community spirit, with regular local events and a welcoming atmosphere. Additionally, Subiaco's educational facilities, ranging from reputable schools to nearby universities, add to its attractiveness for families. The suburb's vibrant culture, excellent infrastructure, and welcoming community make Subiaco a highly desirable place to live.

Subiaco Real Estate Market Outlook

Thinking about buying in Subiaco? Now could not be a better time, with 9334 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,120,000 with prices in this suburb ranging from $38,000 to $6,506,000. Subiaco is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Subiaco driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Subiaco ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Subiaco classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Subiaco requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!